$CityDev (C09.SG)$ STI is still way below 3200 points. The s...
STI is still way below 3200 points. The stocks still have more upside as valuation is still cheap. This is my view. DYODD.
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Zf Ong : Singtel?
Deep Sea OP Zf Ong : SingTel is still cheap not expensive. Many people bought at high price above 3. Compare current price, it is cheap and below valuation. My family bought at 2.2x and keep longer duration. I bought at 2.3x and keep long too.No hurry to sell at all.
Deep Sea OP Zf Ong : SingTel is cash rich with 3 billion cash on hand.
Deep Sea OP Zf Ong : Also, take note of SingTel data centre business focused on ASEAN. In future, data centre business could be listed as REIT when its scale becomes big and this will add value to the SingTel share price. This is my view. DYODD.